Published by CNBC | March 2, 2022 While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine. Mortgage demand stalled last week, as interest rates hit a multi-year high, but that will likely change quickly. Rates are now falling fast …
Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis Read More »
Published by FOX Business | February 25, 2022 New contract signings fall again with inventory at an all-time low Pending home sales fell for the third month in a row in January, amid all-time low inventory and sky-high prices. The latest data from the National Association of Realtors shows contract signings for home sales dropped 5.7% last …
Published by FOX Business Personal Finance | January 19, 2021 A short sale, also called a pre-foreclosure, happens when a homeowner sells their house for less than what they owe on their mortgage. If you’re in the market to buy a house, it’s a good idea to explore all your options. One option is a …
Published by Forbes.com | January 11, 2022 CoreLogic, a global property information provider, today released its monthly Loan Performance Insights report for October 2021. For October, 3.8% of all mortgages in the United States were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to …
FORBES: Foreclosure Activity Falls To The Lowest Level Since March 2020 Read More »
Published by CNBC Business, Real Estate | December 2, 2021 The bailouts allowed millions of homeowners to miss payments, some for up to 18 months. Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when …
Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire Read More »
Published by Breitbart | November 29, 2021 Buyers stampeded into the housing market in October as mortgage rates climbed and prices hit record highs. The National Association of Realtors (NAR) said on Monday that its Pending Home Sales Index, which is based on signed contracts that become closed sales in 45 to 60 days, rose …
Pending Home Sales Soar Amid Bidenflation Panic Buying Read More »
Published by FOX Business | November 19, 2021 After the federal foreclosure moratorium ended in July, and the eviction moratorium closed in September, the number of foreclosures has been growing. Foreclosure activity saw an uptick in October, marking the sixth consecutive month of annual increases, according to the October 2021 Foreclosure Market Report from ATTOM Data Solutions. …
Foreclosure Activity Sees 6th Consecutive Increase in Q3 Read More »
Published by REALTOR Magazine | October 19, 2021 The physical presence of an appraiser is no longer necessary to determine a home’s value. The Federal Housing Finance Agency will accept appraisals conducted remotely—without the physical presence of an appraiser—starting in early 2022 for qualifying Fannie Mae– or Freddie Mac–backed mortgages. The government-sponsored enterprises will use …
FHFA: Desktop Appraisals to Become a Permanent Option Read More »
Published by FOX Business | October 8, 2021 The new debt ceiling extension will fund the government through Dec. 3 The Senate passed a temporary extension of the debt ceiling Thursday night in a 50 to 48 vote, giving the government enough funds to make it through December. The House of Representatives is expected to pass the …
What the New December Debt Ceiling Deadline Means for Mortgage Rates Read More »
Published by FOX Business | September 30, 2021 The Federal Housing Administration (FHA) has announced new forbearance options for homeowners who are struggling to make their mortgage payments. The Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced Monday the extension and addition of new COVID-19 mortgage relief options for homeowners with …
Biden Admin Extends Additional Mortgage Relief Options for FHA Loans Read More »
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